How difficult is it to stay legally compliant while doing business in Indonesia? With a population of more than 270 million people and one of the largest consumer markets in Southeast Asia, Indonesia attracts thousands of new businesses each year, both domestic and foreign. Indonesia is one of Southeast Asia’s largest economies, supported by a…
Why do so many companies enter Indonesia, yet so few foreign-founded companies manage to scale? Over the past decade, Indonesia has registered millions of new businesses, even as it has grown into Southeast Asia’s largest economy by population and gross domestic product. For founders considering starting a business in Indonesia, the challenges are regulatory navigation,…
Registering a foreign company in Indonesia requires careful planning and a clear understanding of the country’s investment and regulatory framework. Over the past decade, Indonesia has revised or consolidated more than 70 laws through sweeping investment reforms, fundamentally changing how foreign businesses enter, operate, and are regulated. Foreign investors often face challenges such as foreign…
Companies worldwide are under growing pressure to manage compliance more accurately and efficiently. A survey found that over 70 percent of organisations struggle with rising regulatory complexity, while another study reports that manual compliance work consumes up to 30 percent of a corporate secretary’s time. These challenges are pushing businesses to rethink their governance. As…
Indonesia, among the Asia-Pacific’s biggest economies to date, boasts a population of close to 280 million, with a consumer market that attracts companies despite the regulatory hurdles. Starting in 2019, the government has transformed the existing environment, featuring the Omnibus Law, an internet-based central licensing system, and the opening of over 245 business sectors to…
In Indonesia, the company registration number is no longer a simple one-line identifier. For most businesses, that number is the Nomor Induk Berusaha (NIB), the Business Identification Number issued through the government’s Online Single Submission (OSS) portal. The NIB is the backbone of a broad reform effort that began with the Job Creation Law and…
Foreign investment in Indonesia has surged decisively over the past decade. Data from the Ministry of Investment shows that foreign direct investment outstripped 47 billion dollars in 2023, with manufacturing, mining, and digital services accounting for more than half of the total inflows. Indonesia is now among the top markets for foreign capital in…
The horizon of Jakarta looks different each year, shaped by cranes and construction that speak to Indonesia’s ambitions. With a GDP of nearly USD 1.4 trillion and a population exceeding 283 million, Indonesia has not only become the world’s 16th-largest economy but also one of its fastest-growing emerging markets. The government’s Omnibus Law on Job…
